Why Dividend Investing is a Bad Idea

When I was a naïve young man, pondering financial freedom and wealth creation despite earning $75 per week, there were a few simple frameworks that helped set my vision. Boy, were they horribly wrong! One of these was the idea of “Dividend Investing”, where someone can build a portfolio of shares such that the quarterly…

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First Australian Virtual Speakers Hall of Fame Nominee

Jacob Aldridge Speaker on the Economy

Brisbane speaker Jacob Aldridge has become the first Australian nominated to the Virtual Speakers Hall of Fame. At an event last week, run remotely, Mr Aldridge was nominated in recognition of his work delivering speeches and workshops online since 2010 and especially in response to the Covid Pandemic. “Lockdowns forced businesses worldwide to work remotely…

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When Buying a Lottery Ticket is Good Financial Planning

I haven’t bought a lottery ticket in years – but that’s because I’m already rich. I don’t think it’s fair to universally claim that playing games of chance is bad financial planning. There are three reasons why buying a lottery ticket is good financial planning. 1. Expected Value The homo economicus view on lottery tickets is that…

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Being Responsible for Maintaining Relationships as Expats

I wrote previously about what to do with your stuff when you leave the country long term (longterm travel, digital nomad, or expat). What about the relationships you leave behind? Moving countries means you’re choosing a different life path to many of your family and long term friends. Maybe that means you were always a…

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Where do you store your possessions for long term travel?

I spend a lot of time in digital nomad and long term travel communities (mostly online … because most of us are moving around regularly). One of the most common questions (that isn’t tax related) is “Where do you keep your stuff while you’re gone?” One school of thought is to donate everything you’re not…

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Are Digital Nomad Families who Homeschool Bad Parents?

In the beforetimes, and hopefully once more in the future, my family were digital nomads. My calm and happy daughter visited 19 countries before her first birthday, and if it weren’t for a global pandemic would have visited many more by now. As parents, we feel that extensive travel is a huge and beneficial opportunity…

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How to Improve Staff Conditions for Trade Businesses

Over 16 years, I’ve definitely worked with more professional services firms than any other category. And in a “work from home” world, the perks for being an accountant or lawyer are on the rise. But you can’t send your termites to a pest control company by email, so their technicians can deal with the problem…

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Camp Fire History: Reconnecting Your Business Vision

A recession or economic downturn typically pushes a management team’s focus into becoming very micro (budgets, staffing, banks, costs, refinancing, saving money). If you’re not having a macro conversation right now, you’ll be disconnecting from your business vision – one of the reasons I have said previously that every business needs a counter-cyclical recession response.…

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